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🚀 Release 2024-61

3 months ago by [email protected]

Release date: August 22, 2024

TL;DR : Revolutionary new launch of Ranking Studio to tailor your ranking experience. New operations for numeric attribute boost and bury, multi-language support for Similar Products widget, merchandising support on Search API, and improvements in Recall Studio. Fixed bugs to enhance performance.

🎉 Feature Updates

1. Architect Optimized Search Ranking Experience with Ranking Studio

We're excited to launch our latest Search Ranking innovation: Ranking Studio! With Ranking Studio, we are moving beyond the “one-size-fits-all” ranking experiences. We welcome a new era where you can craft your own custom ranking experiences.

Watch this short demo video on Ranking Studio, which is part of the AI Studio.

What's new?

Ranking Studio lets you tailor the core ranking algorithm of your Discovery Search and Category pages by providing you with powerful tools to:

  1. Add custom signals and train algorithm: Integrate new signals (like margin, offline revenue, forecasts, and reviews) and let the algorithm auto-learn the signal weights leveraging Learn-to-Rank (LTR) machine learning training.


  2. View ranking signal weights: See a detailed breakdown of how various signals influence the search ranking.

  3. Fine-tune ranking signal weights: Prioritize ranking signals that matter the most to your specific business.


  4. Power all queries or select site subsections: Create multiple highly customized algorithms that power different sections of your site experience. This way, you can apply unique ranking strategies to different catalogs, categories, or search queries.

Key benefits

  • Drive business KPIs: Customizing the ranking enables you to drive metrics like average order value (AOV), conversion rates, revenue per visitor (RPV), and margin. The ability to experiment with different signals through AB testing ensures optimized performance.

  • Build, test, and innovate: Ranking Studio empowers your product team, including data science teams, with full control over Discovery ranking algorithms. This allows for in-house experimentation and innovation tailored to your unique business needs.

Feature impact

  • Ranking Studio works seamlessly with existing Discovery capabilities and does not negatively impact existing functionalities. It just provides an additional layer of customization for those who want complete control of their search ranking.

  • No additional integration efforts are required on the feed and pixel end.

Feature availability

Ranking Studio is available to Premium tier customers.

Excited to learn more?

Visit the Ranking Studio feature article. Check the FAQ section to address common queries about Ranking Studio.


2. Create precise ranking rules with new numeric attribute operations

We are excited to introduce new numeric attribute operations that allow you to merchandise and curate a precise product grid.

What's new?

  1. You can now boost products based on the conditions set on the numeric attribute values. The new boost options are shown below.


  2. Bury operation is now supported for numeric attribute values. You can adjust the bury strength using the slider and apply any of the new conditions shown below.


Where are these operations available?

The new operations are available in the following merchandising modules:

  1. Search and Category ranking rules.

  2. Global ranking rules, Global Search, and Global Category ranking rules.

  3. Pathways (Search and Category) widgets at both the widget query and widget global levels. Support for Recommendations widgets will be added in an upcoming feature iteration.


  4. Group merchandising rules.

Why is this valuable?

These new operations provide a more granular level of control over your product grid, unlocking valuable use cases like:

  • Effortless manual curation for product grids.
  • Ability to boost products at a certain price point.
  • Ability to bury low-priced products in the grid based on their numeric values.

Visit the documentation article to learn more.

3. New Multi-language Support for Similar Products Widget

Good news for Similar Products Recommendations customers! Similar Products will now power non-English language catalogs, including Albanian, Arabic, Chinese (Simplified Chinese), Czech, Estonian, Greek, Hungarian, Irish, Korean, Latvian, Lithuanian, Portuguese, Romanian, Russian, Slovak, Slovenian, Turkish.

What's new?

Our cutting-edge algorithm understands similar product types and produces relevant recommendations for search input in the above-mentioned languages.

Why is this valuable?

This capability is useful for customers seeking multilingual support for Similar Products recommendations.

Feature access

  • If you are using Similar Products V2, you do not need to take any action to benefit from this capability. By default, all new customers can access Similar Products V2.
  • If you are using Similar Products V1, we recommend that you upgrade to Similar Products V2 to benefit from this capability.

4. Merchandising support on the Search API

We're excited to share the availability of Real-time API Merchandising, which allows you to apply regular merchandising operations to the results of your Product and Category Search API requests.


What's new?

  • You can directly apply merchandising operations like soft/hard boost, bury, Add to recall, Lock position, etc., from the API.
  • Create rules for specific product PIDs or Attributes.
  • API merchandising rules are merged with dashboard rules using our conflict resolution logic.

Why is this valuable?

  • This feature allows you to curate the search results and optimize the search ranking, just like merchandising via the dashboard.
  • It provides developers an easy way to interact with merchandisers and implement rules using the APIs.

Visit the documentation article to learn more.

⚡Improvements

New improvements in Recall Studio

  1. Recall Studio now supports AB testing via the dashboard. The streamlined workflow allows you to:

    • Modify global/query-level algorithm settings
    • Save settings as test variants
    • Activate the AB test in minutes.

    AB testing is available for all search recall algorithms in the Recall Studio, including Loomi Search+.


  2. Recall Studio offers a new option to turn off all rules so you can test the site search experiences without the influence of merchandising rules. By clicking a checkbox, you can turn off all currently active and future merchandising rules for the selected catalog/site.


🐛 Bug fix

  • SKU Select
    There was a discrepancy in the number of SKUs returned after applying a filter. We have fixed this issue.

👍

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